Oxtron, Inc substantially performed its obligations under a service contract. Oxtron is entitled to receive
a. the full contract price.
b. substantially nothing.
c. the fair market value of its performance.
d. the full contract price minus the value of the defects.
d
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A company has cost of goods available for sale of $250,000, sales of $287,000, and a gross profit percentage of 30 percent. Using the gross profit method, what is the ending inventory?
a. $113,000 b. $50,000 c. $49,100 d. $163,900
Treasury bills have a beta of ________
A) 0.0 B) 0.50 C) 1.00 D) The beta for a Treasury bill will vary from period to period.
A U.S. firm sells merchandise today to a British company for £150,000
The current exchange rate is $1.55/£ , the account is payable in three months, and the firm chooses to avoid any hedging techniques designed to reduce or eliminate the risk of changes in the exchange rate. The U.S. firm is at risk today of a loss if: A) the exchange rate changes to $1.52/£. B) the exchange rate changes to $1.58/£. C) the exchange rate doesn't change. D) all of the above
When employees are paid more than the maximum of their pay grade, these rates are called
A. green triangle rates. B. red circle rates. C. yellow circle rates. D. blue circle rates.